Taking Australia’s iconic Penthrox ‘green whistle’ to Europe
09
March

By Adem Lewis / in , , , , , /


[Music plays] (John Sharman) Medical Developments is a listed public company. We’ve been listed since 2003. We make and distribute a drug called Penthrox which is our flagship product. It is an inhaled analgesic which takes the pain away from people in trauma and we are frontline in ambulance. We’re used in sports medicine. We’re used in the surf life saving arena. We’re used in dental surgeries. If someone presents with trauma to a G.P. they’ll be able to use Penthrox. Approval in Europe for Penthrox really opens up the first global market for us in our history. The reality of an approval in Europe and elsewhere in the world means that Penthrox can fit a very significant market need in terms of getting people out of pain, getting them the proper treatment that they need without them having to take a narcotic on board. We’ve been making it here for the last 15 years and together with the CSIRO over the last two and half three years we’ve invested almost $2 million on inventing a new way to manufacture Penthrox which will make us competitive on the world stage. (John Tsanaktsidis) So the objective with this new interaction with M.D.I. has been to develop a better process, a process that can deliver a better quality product at a lower cost and a process that can deal with the needs of their growing market opportunity. (John Sharman) The advantages of the new process that we’ve invented together with the CSIRO are that we, as a manufacturing outfit here in Springvale, can upscale our output by a factor of ten and have very significant cost reductions at the same time. In terms of the size of M.D.I. and our capacity to really improve our entire company we need to partner with the world’s best. (John Tsanaktsidis) To develop new processes to do R&D is costly and time consuming and small companies typically don’t have that resource, don’t have that flexibility. CSIRO, with all its’ capability with all its’ resource and expertise, can work closely with small companies to devise specific solutions for problems that are important for those companies business models. (John Sharman) And without the CSIRO we wouldn’t be in the position today where we can have this really groundbreaking manufacturing process which allows us to go global. We have had some of the world’s best minds brought to us by the CSIRO all participating in the development of this new programme and we hope that that partnership will continue into the future. [Music plays]


5 thoughts on “Taking Australia’s iconic Penthrox ‘green whistle’ to Europe

  1. Is 'penthrox' a green house gas? As a flourinated carbon product can this lead to damage to the ozone layer? What are the advantages to n20/o2 gas analgesia already available?

Leave a Reply

Your email address will not be published. Required fields are marked *